Morgan Stanley, Goldman Sachs and Bank of America are beginning workforce reductions that affect varied parts of their ...

Citigroup has reduced bonus payouts for 250 senior executives in the final phase of a three-year programme that linked their compensation to the bank’s improvements in risk management and regulatory ...

Citigroup’s latest innovation: pay without performance. On Tuesday, the third-largest U.S. bank said that top employees ...

Citigroup announced a 30% reduction in IT contractors, aiming to cut their numbers from 50% to 20% of the IT workforce. This ...

Analysts say heavy dependence on outsourcers makes it harder for Citi to meet regulatory requirements. To address this, the ...

Citigroup's head of technology Tim Ryan told staff in recent weeks that the bank aims to cut back external contractors to 20% ...

NEW YORK: Citigroup Inc has cut about five analyst jobs inside a small team dedicated to producing environmental, social and governance (ESG) and climate reports, according to people familiar with ...

This change is intended to enhance data security, improve risk management practices, and ensuring compliance with regulatory requirements.

[NEW YORK] Citigroup cut payouts to hundreds of top executives in the final round of a three-year special bonus programme that tied their compensation to the bank’s progress on risk and regulatory ...